STOCK MARKET MUTUAL TECHNICAL NEWS 06 JANUARY

Markets opened on negative note after intense selling in previous session but gained momentum in the last hour of trade in support of appreciation in rupee and closed on a flat note with negative bias. Nifty future found strong support around 6200 mark and showed a pull back towards 6250 and closed around it. Nifty will lie in weak zone till it sustains below 6300 and major support is seen around 6150. Immediate resistance range is seen around 6300-6320.